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3.44 Acre Redevelopment Opportunity 170 Hale Rd 6,084 SF of Retail Space Available in Manchester, CT 06042
HIGHLIGHTS
- Excellent redevelopment opportunity! Potential to build up to 30,000 SF
- Main access to Buckland Hills at traffic light
- High traffic retail corridor with over 13,500 vehicles per day
- Excellent location in the Buckland Hills retail corridor with fantastic visibility from Hale Road
- Large parking lot with traffic light access to Hale Road
- The property is within close proximity to I-84 (Exit 63)
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,084 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Excellent redevelopment opportunity! Potential to build up to 30,000 SF Building Size: 6,084 SF (former restaurant) Property Size: 3.44 Acres Redevelopment: Potential to build up to 30,000 SF Zoning: B3 Zone Lease Type: Ground lease or Build-to-suit Uses: Ideal for retail, medical, hotel, restaurant, service, gas station/convenience, or apartments.
- Lease rate does not include utilities, property expenses or building services
- Space In Need of Renovation
- Excellent redevelopment opportunity!
- Potential to build up to 30,000 SF
- 3.44 Acre Parcel
- Ground Lease or Build to Suit
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 6,084 SF | Total Land Area | 3.44 AC |
| Property Type | Retail | Year Built | 1995 |
| Property Subtype | Restaurant | Parking Ratio | 5.8/1,000 SF |
| Gross Leasable Area | 30,000 SF |
| Total Space Available | 6,084 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 30,000 SF |
| Total Land Area | 3.44 AC |
| Year Built | 1995 |
| Parking Ratio | 5.8/1,000 SF |
ABOUT THE PROPERTY
DETAILS | Now Leasing Building Size: 6,084 SF (former restaurant) Property Size: 3.44 Acres Zoning: B3 Zone Redevelopment: Potential to build up to 30,000 SF Lease Type: Ground lease or Build-to-suit Uses: Ideal for retail, medical, hotel, restaurant, service, gas station/convenience, or apartments.
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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3.44 Acre Redevelopment Opportunity | 170 Hale Rd
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